International Competitors
| IBM Stock | USD 289.05 5.26 1.79% |
International Business vs EPAM Systems Correlation
Good diversification
The correlation between International Business Machine and EPAM is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding International Business Machine and EPAM in the same portfolio, assuming nothing else is changed.
International Business Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between International Business and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of International and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of International Business does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between International Stock performing well and International Business Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze International Business' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CSCO | 1.09 | 0.16 | 0.09 | 0.60 | 1.14 | 3.06 | 8.38 | |||
| ACN | 1.52 | (0.09) | 0.00 | (0.02) | 0.00 | 4.24 | 14.18 | |||
| SAP | 1.39 | (0.42) | 0.00 | (0.45) | 0.00 | 2.29 | 19.03 | |||
| MU | 3.64 | 0.75 | 0.20 | 0.43 | 3.52 | 7.98 | 17.33 | |||
| INFY | 1.80 | 0.04 | 0.01 | 0.12 | 2.01 | 4.32 | 16.01 | |||
| WIT | 1.49 | (0.06) | (0.03) | (0.01) | 1.95 | 3.98 | 14.08 | |||
| III | 1.78 | (0.18) | 0.00 | (0.09) | 0.00 | 3.22 | 10.62 | |||
| MGIC | 2.30 | 0.00 | 0.00 | 0.06 | 4.23 | 4.98 | 16.15 | |||
| EPAM | 1.67 | 0.09 | 0.04 | 0.13 | 2.83 | 4.05 | 18.57 |
Cross Equities Net Income Analysis
Compare International Business and related stocks such as Cisco Systems, Accenture plc, and SAP SE ADR Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CSCO | 400 K | 8 B | 10 B | 7.9 B | 9 B | 10.7 B | 9.6 B | 110 M | 11.6 B | 11.2 B | 10.6 B | 11.8 B | 12.6 B | 10.3 B | 10.2 B | 11.7 B | 12.3 B |
| ACN | 2.5 B | 2.6 B | 3.3 B | 2.9 B | 3.1 B | 4.1 B | 3.4 B | 4.1 B | 4.8 B | 5.1 B | 5.9 B | 6.9 B | 6.9 B | 7.3 B | 7.7 B | 8.8 B | 9.3 B |
| SAP | 567.5 M | 3.4 B | 2.8 B | 3.3 B | 3.3 B | 3.1 B | 3.6 B | 4 B | 4.1 B | 3.3 B | 5.1 B | 5.3 B | 2.3 B | 6.1 B | 3.1 B | 7 B | 7.4 B |
| WIT | 3.6 B | 59.4 B | 66.3 B | 77.3 B | 88 B | 90.1 B | 82.1 B | 80.8 B | 89.1 B | 104.6 B | 106.6 B | 124.3 B | 116 B | 111.2 B | 132.9 B | 152.8 B | 160.5 B |
International Business and related stocks such as Cisco Systems, Accenture plc, and SAP SE ADR Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in International Business financial statement analysis. It represents the amount of money remaining after all of International Business Machines operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.International Business Competitive Analysis
The better you understand International Business competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, International Business' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across International Business' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
International Business Competition Performance Charts
Five steps to successful analysis of International Business Competition
International Business' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by International Business in relation to its competition. International Business' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of International Business in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact International Business' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to International Business, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out International Business Correlation with its peers. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Will IT Consulting & Other Services sector continue expanding? Could International diversify its offerings? Factors like these will boost the valuation of International Business. Market participants price International higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every International Business data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.9 | Dividend Share 6.71 | Earnings Share 11.15 | Revenue Per Share | Quarterly Revenue Growth 0.122 |
International Business's market price often diverges from its book value, the accounting figure shown on International's balance sheet. Smart investors calculate International Business' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since International Business' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between International Business' value and its price as these two are different measures arrived at by different means. Investors typically determine if International Business is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Business' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.